Personal Property Securities Act 2009 (Cth) (PPSA)

Louis van Aardt and Russell Morley of this firm are currently advising and assisting the Australian Government Attorney General's Department with its system acceptance testing of the Personal Property Securities Act 2009 (Cth) (PPSA). The PPSA will commence from October 2011 and will bring a fundamental change to the way Australian companies and individuals give and receive security over many forms of property other than land. The PPSA will affect nearly every business in Australia and will impact on directors duties. Talbot Olivier is currently advising clients as to how they can be prepared for this important change and how they can better protect their businesses from unnecessary risk exposure. If you would like advice on how the PPSA will affect your business and what you can do to mitigate your risk please contact Louis van Aardt or Russell Morley on 9420 7100.